HomeNewsBusinessEconomy3 Point Analysis | What the US mid-term elections mean for world markets

3 Point Analysis | What the US mid-term elections mean for world markets

The midterm election results have brought in the needed checks and balances in US polity with Democrats seizing control of House of Representatives and Republicans maintain their control over Senate.

November 12, 2018 / 15:01 IST
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Moneycontrol News

US midterm elections marks two years of President Donald Trump's election win and the resultant Trumponomics that broadly rests on tax cuts, trade deals and infrastructure push.

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The period has primarily been marked with a broad-based growth phase for the US economy, wherein the central bank has stepped up the pace of interest rate normalisation.

However, the midterm election results have brought in the needed checks and balances in US polity with Democrats seizing control of House of Representatives, even as Republicans maintain their control over Senate.